A financial holding Company whose activities are organized into six business segments: Investment Bank, Retail Financial Services, Card Services, Commercial Banking, Treasury & Securities Services and Asset Management.
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Recs
Huge bank, 7 P/E, nearly 3% dividend yield, financially sound. Simply put, because it gets lumped in with "bank stocks" and their woes in this past year, its shares have taken a massive hit, all for the crime of association. Long-term outperformance is very likely, and the same can be said for many other bank stocks at this point in time.